Lexus (Page 23)

We are watching very curiously for the actual Lexus CT200h vehicles to hit the streets later this month. Lexus is buying television time to promote the $30K “Eurowagon” as the Darker Side of Green with ads that invite you to “Challenge Perceptions, Escape Convention and Forge Your Own Path.”

Toyota’s first settlement stemming from the unintended acceleration that has spurred a recall of over 14 million vehicles has been approved by the California Superior Court, with $10 million being paid to the family who lost four members when the Lexus ES350 in which they were riding accelerated out of control.

When it comes to open air driving, the buyer with deep pockets has a wide array of models to choose from. Nevertheless few of them deliver the power, performance and sheer pulchritude of the IS C350 F Sport Special Edition, available this month. The 175 to be built make only about five for every U.S. city with a population over 500,000.

Since the first unintended acceleration lawsuit closed last year with Toyota paying out a hefty $10 million dollars, the Japanese automaker has been bracing for the impact of the class action suits based around their problematic vehicles but with the NHTSA/NASA announcement that no electronic defects were found, Toyota has requested that the class action suits be dismissed.

Three men from the Chicago area have been arrested in connection with over $30,000 worth of vandalism damage done to a variety of Toyota products at the 2011 Chicago Auto Show.

It seems if you’re one of the lucky few planning to buy a $375,000 Lexus LFA, you have the option of a day at the Infineon Racetrack in Sonoma, CA to learn how to handle the 552 horsepower supercar next March.

The US Federal Government is set to release the results of their 10-month investigation into the Toyota acceleration systems possibly responsible for the unintended acceleration incidents that have cost people their lives around the world.

Today, Toyota Motor Sales U.S.A sent a letter to their 6,100 headquarters employees stating that they are offering contract buyouts for any company workers who are interested in leaving with a handsome severance package.

Ford’s resurgence is shown with the announcement that it has the highest rate of overall customer loyalty with its win at the 15th annual Polk Automotive Loyalty Awards, presented at the Automotive News World Congress as part of the 2011 Detroit Auto Show. Kia is the brand with most improved loyalty.

Lexus grew at a slower rate than the rest of the recovering U.S. auto industry, but at the end of 2010 it still retained its title as the most popular luxury-vehicle brand in America. But with a growth rate of barely over six percent for the year, Lexus faces a danger of being dethroned by Mercedes-Benz and BMW, which ended 2010 with strong momentum and growth rates much higher than the Lexus level.

The Associated Press is reporting that 7 major auto insurance companies are suing Toyota for the unintended acceleration issues that have destroyed the automakers reputation in the US market.

Not only is the new Lexus CT 200h fuel efficient, it's going to be inexpensive with the announcement by Lexus it is the lowest priced Lexus in its lineup. So, it's going to be green at the pump and save you some green for your wallet.